Missing Part of Question:
The related graph was not present with the original question, so I am attaching it here.
Explanation:
(a) In a free market, at a quantity exactly equal to , the value of a unit to a buyer is equal to the cost of a unit to a seller. For a quantity below , the value of unit to a buyer is greater than the cost of that product to the seller. Finally, for a quantity above , the value of that unit to the buyer is less than the cost incurred by the seller.
(b) The dumping of toxic chemicals is a typical scenario of Negative Externality which may lead to Market Failure due to poor display of supplier reputation.
Answer:
An electronic storage file where firms keep customer information is known as a DATA STORAGE
Explanation:
Data storage keeps every electronic documents, it keeps data on it and it is safer to have such there as the memory determines the level of information to be stored.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Production and sales estimates for April are as follows: Estimated inventory (units), April 19,000 Desired inventory (units), April 30 18,000 Expected sales volume (units): Area 3,000 Area 4,750 Area 4,250
Production:
Sales= 12,000
Ending inventory= 18,000
Beginning inventory= (19,000)
Total= 11,000 units
Answer:
d.Cost, residual value, and service life
Explanation:
The depreciation of an asset is the systematic allocation of cost for the use of the asset over its useful life.
Depreciation is usually computed using the formula below
Depreciation = (cost - salvage value)/useful life
The difference between the cost and salvage value is the depreciation base of the asset over its entire useful life.
As such, the right option is d.Cost, residual value, and service life